ICGN is encouraged that the Bursa Malaysia is seeking to harmonise its own listing requirements in alignment with the latest developments in the Malaysian Code on Corporate Governance.

ICGN’s Executive Director Kerrie Waring outlines the issues at stake and latest developments on multi-class shares. 

In the event of misconduct or a material misstatement, companies should withhold the payment of any sums (malus) or recover sun paid (clawback). Performance related elements should integrate risk considerations. 

ICGN's view is that Non voting shares should not be included in MSCI indices and listed voted power held by non-restricted shareholders should be at least 50% + 1.

ICGN welcomes the opportunity to comment on the Hong Kong Exchanges and Clearing Limited (HKEx) consultation on the New Board Concept Paper. The response to this consultation focuses on the high level issues relating to the fundamental concept of the New Board itself.

ICGN issues a statement to the press on the G20 Leaders Summit, taking place this year on 7-8 July in Hamburg. Among the range of issues for G20 consideration, ICGN highlights climate change, financial system stability and protectionism as the three specific themes that have direct relevance and impact on the rights of institutional investors.

Approved by ICGN Members at our AGM, the ICGN Global Stewardship Principles have now been translated into Japanese.

ICGN announces its policy priorities for 2017. These priorities provide a frame of reference to guide ICGN policy work and policy committees.  A particular focus is on promoting long-term investment perspectives and sustainable value creation.